EBRD and USAID Sign Memorandum on Developing Middle Corridor in South Caucasus
EBRD and the USAID have signed a Memorandum of Understanding to advance the development of the Trans-Caspian International Transport Route, also known as the Middle Corridor.
The Number of Active Startups in Azerbaijan Expected to Increase
While the number of active startups in Azerbaijan is over 100, it is planned to increase this number to 450 by 2026.
For the First Time in the Women In Tech Global Movement International Competition, 3 women from Azerbaijan Made it to the Finals
Women In Tech ®️ Global Movement, one of the leading organizations in the field of technology, has been operating since 2018.
Azerbaijani Founder's Tailbox Venture Received $1.5 million Investment!
Azerbaijani startups are becoming more and more popular on a global scale every day. Thus, the Tailbox initiative, one of the founders of Azerbaijani Bayezid Malikov, received an investment of $ 1.5 million this time.
"Caucasus Ventures" invested in 3 more startups
As we know, Azerbaijan's first venture capital fund "Caucasus Ventures'' was established at the end of last year.
Trendyol Expands Operations with New Subsidiary in Azerbaijan
Renowned Turkish e-commerce platform, Trendyol, has expanded its global footprint by establishing a subsidiary in Azerbaijan.
Baltic Technology Ventures signed an investment agreement with Azerbaijan's Imajin.ai
Baltic Technology Ventures, one of the giants of the technology field, signed a co-investment agreement with Imajin.ai.
Payrails Initiative Received an Investment of $14.4 million
In a significant development for the fintech industry, Azerbaijani entrepreneur Orkhan Abdullayev, along with Emre Talay and Nicolas Thouzeau, founded Payrails in 2021.
Kazakhstan Embraces Work-Life Balance: Introduces 4-Day Work Week
In a move that highlights Kazakhstan's commitment to the well-being of its citizens, the country has announced a transition to a 4-day work week from July of this year.